Electra Lofts — 38 Niagara St, Toronto, ON Liberty Village Condos
Quick Answer
Electra Lofts at 38 Niagara St is a 120-unit hard loft building converted from a 1930s electrical factory, completed in 2007. One-bedroom units rent from $2,280/month. The building is at the northeast corner of Liberty Village, putting residents within 2 minutes of the 504 King streetcar and the restaurant corridor along King Street West.
Key Takeaways
- ✓Converted from the 1930s Electra Electrical Appliance factory — authentic heritage loft character
- ✓2-minute walk to the 504 King streetcar — best transit access of any Liberty Village loft
- ✓Smaller 120-unit building means quieter, more community-oriented living
- ✓Polished concrete floors and 10-foot ceilings are standard in many units
- ✓Niagara Street location gives direct access to King West restaurant corridor
Quick Facts
Year Built
2007
Total Units
120
Floors
8
Type
Loft
1BR Avg Rent
$2,280/mo
2BR Avg Rent
$3,020/mo
Walk Score
92/100
Transit Score
97/100
Developer: Context Development
Maintenance Fee: ~$0.71/sqft/month
Amenities
Industrial Heritage
Electra Lofts was converted from an original industrial building, retaining the authentic character — exposed brick walls, heavy timber structural beams, and factory-original windows — that makes Liberty Village lofts unique in the Toronto market. Unlike "soft lofts" which mimic the aesthetic in new construction, hard loft conversions like this one preserve genuine manufacturing heritage.
The original building date of 2007 reflects the timeline of Liberty Village's transformation from a post-industrial district into Toronto's most creative residential neighbourhood. Maintenance fees at loft buildings are typically slightly higher than comparable new towers, reflecting the cost of maintaining heritage building envelopes.
Residents of Electra Lofts should note that heritage loft construction typically means concrete slab between floors (excellent sound isolation), but original HVAC systems may be older than in recently built towers. Request the most recent building envelope and HVAC inspection reports before purchasing.
Nearest Local Businesses
Services and amenities within walking distance of Electra Lofts.
Transit
504 King streetcar at Niagara (2 min walk)
Walk Score: 92 · Transit Score: 97 · Bike Score: 86
Pro Tips
- 1. The northeast corner of the building faces directly onto the King/Niagara intersection — noise from streetcars and late-night restaurant traffic is noticeable on lower floors; request upper floors if street noise is a concern.
- 2. Smaller buildings like Electra typically have faster elevator wait times and better neighbour familiarity.
- 3. Maintenance fees are slightly elevated for the building's age — verify reserve fund health before purchasing a unit.
- 4. The building is not pet-friendly, which means lower tenant turnover and a quieter environment overall.
Pros & Cons
Pros
- ✓Authentic 1930s factory conversion with exceptional industrial character
- ✓2-minute walk to 504 King streetcar — unbeatable transit access
- ✓Intimate 120-unit scale with community feel
- ✓King West restaurants and bars on the doorstep
- ✓Polished concrete floors standard in many units
Cons
- ✗Not pet-friendly
- ✗Street noise from King/Niagara intersection audible on lower floors
- ✗Smaller amenity package than newer buildings
Electra Lofts — Frequently Asked Questions
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